LUNC/USDT – 1H – SELLThe pair goes from the ascending trendline downwards
The bearish trend down to the next support level at 0.000086580 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.000097390 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 8.913116E-5 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.000097390 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.000109900 |
| 2nd High | 0.000099930 |
| Next High | 0.000097390 |
| Current Price | 0.000086850 |
| Next Low | 0.000086580 |
| 2nd Low | 0.000085420 |
| 3rd Low | 0.000080310 |